The pound fell back from recent highs on Friday after fresh data showed the economy shrank for a second consecutive month.

the role of central banks in climate governance has intensified debates surrounding central bank independence (CBI). Informed by elite interviews with UK monetary policy experts and a discourse ...

A group of Conservative backbenchers have demanded a review of the Bank of England’s independence, accusing it of costing taxpayers thousands of pounds. The group of 44 MPs said they were ...

The biggest boom and bust in history — Wall Street 1929 — occurred some time after the creation of the Federal Reserve, while in Britain in more recent times the granting of independence to the Bank ...

The Bank of England has said it will step in to calm ... It said Chancellor Kwasi Kwarteng was "committed" to the Bank's independence, adding: "The government will continue to work closely with ...

But the decision-makers at the Bank of England know they are having to navigate ... point", it also faces one of the biggest tests of its independence. So there won't be a rate cut this Thursday ...

The Bank of England held interest rates at 5.25% for the seventh time at its June meeting, keeping them at their highest level for 16 years. The pause follows a period of 14 successive increases ...

Clare Lombardelli, a rate-setter at the Bank of England, struck a cautious note ... largest reform since the Bank was granted operational independence for monetary policy in 1997,” she said.